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Best Investment to SNU Students

January 3, 2011

Hit 6536

Seoul National University Ranks #1 in Highest Investment in Its Students

The statistics on how much educational spending each university in Korea is directing towards their students has recently been released. The student investment of each institution was calculated irrelevant to their tuition fees.

Seoul National University turned out to be number one in terms of student investment among all Korean universities with more than 10,000 enrolled students. According to research conducted by the Korean Educational Development Institute (KEDI), SNU invested a total of 33,439,500 KRW last year per student. This amount was also overwhelmingly higher than that of the second-ranking Yonsei University, which invested a total of 20 million KRW per student.

The Ministry of Education, Science and Technology and the Korean Educational Development Institute announced on November 1 that their analysis of the per capita student investment of each academic institution is now available on the government’s Center for H.E.I Information Disclosure official university information website (academyinfo.go.kr). Per capita student investment refers to how much each college in Korea spent on services and education directly offered to every student on average during a span of one year.

* Per capita student investment is the education-related expenditures of each school per student. * Material made available by Korean Educational Development Institute (KEDI)

According to this KEDI report, the average per capita student investment last year of all 173 four-year universities in Korea was 10,561,100 KRW, a 7.3% increase compared to 2008. First on the list overall for the university with the highest student investment per capita was CHA Medical University spending 68,640,600 KRW per student, fourteen times more than Shinkyeoung University. For universities with more than ten thousand enrolled students, Seoul National University ranked first, spending six times more than the lowest-ranking Baekseok University.

Following SNU and spending about 20 million KRW per student was Yonsei University, while Sungkyunkwan University came in close behind spending 16 million KRW in each of its students. Among the top ten universities for highest student investment, SNU was the sole national or public university and Ajou University was the only top ten ranking university that is not located in the capital Seoul. When taking all other universities into account, Pohang University of Science and Technology ranked second behind CHA Medical University spending roughly 67 million KRW per student, while JungWon University ranked third spending 37 million KRW. SNU ranked fifth on this list.